New Business Tax System (Capital Allowances - Transitional and Consequential) Act 2001 (77 of 2001)
Schedule 2 General consequential amendments
Income Tax Assessment Act 1997
308 Paragraph 138-85(1)(b)
Repeal the paragraph, substitute:
(b) it involved *plant (that is not a building or structure) for whose decline in value the originating company has deducted or can deduct an amount; and
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
